Profile
iUSD profile facts
Initia iUSD (iUSD) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
Variant relationship
Initia iUSD (iUSD) is modeled as a pure wrapper variant of Agora Dollar (AUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
Other coins using the iUSD ticker
- infiniFi USD (IUSD) · Active · US Dollar. IUSD is infiniFi's USDC-collateralized dollar stablecoin.
- Indigo iUSD (iUSD) · Active · US Dollar. iUSD is Indigo Protocol's decentralized synthetic dollar on Cardano.
- Collateral
- 1:1 backing in Agora AUSD bridged to Initia via LayerZero. Agora's August 2026 reserve report identifies Agora Bermuda Limited as the AUSD issuer and Agora Reserve Fund LP as its reserve-asset structure.
- Peg mechanism
- iUSD expands when users deposit and contracts when they withdraw, with protocol smart contracts designed for 1 iUSD : 1 AUSD convertibility. Initia's Bridge converts withdrawn iUSD into AUSD, bridges it through LayerZero to Ethereum, and swaps it into USDC. Reserve-related revenue may support ecosystem incentives, development, grants, and other programs; holding iUSD does not entitle holders to reserve yield. Agora retains administrative freeze controls over underlying AUSD.
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Initia.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
iUSD quick answers
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What is Initia iUSD (iUSD)?
iUSD is an Initia wrapper backed 1:1 by bridged Agora AUSD; holders receive no reserve yield, and the Initia Bridge converts withdrawals through AUSD into USDC. The static profile records its US Dollar peg mechanism as: iUSD expands when users deposit and contracts when they withdraw, with protocol smart contracts designed for 1 iUSD : 1 AUSD convertibility.
Is iUSD safe?
As of Nov 8, 2026, Pharos grades iUSD D (40/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs iUSD?
Pharos records iUSD's reserves in its review of Oct 30, 2026 as 100% iUSD collateral (unmeasured). Reserve evidence: curated reserve profile. Pharos classifies the backing as Real-World Asset Backed.
Can iUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.
